M&A Deal Summary

Advancea Acquires Business AdvantEdge

On July 10, 2020, Advancea acquired business services company Business AdvantEdge

Acquisition Highlights
  • This is Advancea’s 1st transaction in the Business Services sector.
  • This is Advancea’s 1st transaction in the United States.
  • This is Advancea’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2020-07-10
Target Business AdvantEdge
Sector Business Services
Buyer(s) Advancea
Deal Type Add-on Acquisition

Target

Business AdvantEdge

Stillwater, Minnesota, United States
Business AdvantEdge, Inc. serve trade associations and their members as a Group Purchasing Organization (GPO). Business AdvantEdge was founded in 1999 and is based in Stillwater, Minnesota.

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Buyer(S) 1

Buyer

Advancea

Falls Church, Virginia, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Advancea LLC is a provider of OMEGA customizable Benefit Management Software (BMS) that specializes in generating multiple data sets and insights through an integrated, user-friendly visual platform for associations and their members. Advancea is based in Falls Church, Virginia.

DEAL STATS #
Overall 1 of 3
Sector (Business Services) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (Minnesota) 1 of 1
Country (United States) 1 of 3
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 Group Purchasing Solutions

Arroyo Grande, California, United States

Group Purchasing Solutions provides reducing operational costs of its trade association and small business members through our unique portfolio of negotiated, highly leveraged agreements with the nation’s most renowned suppliers. Group Purchasing Solutions is based in Arroyo Grande, California.

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